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    2536-2542 Tulane Ave New Orleans, LA 70119

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    For Sale
    $1,200,000

    Development opportunity near Trader Joe's, VA Hospital, and LSU Medical Center.

    Property size:
    11,738 SF
    Lot size:
    0.26 Acres

    Property Features for 2536-2542 Tulane Ave

    General Information

    Size
    11,738 SF
    Lot size
    0.26 Acres

    Source: ben + burka Agent Aaron Kazanoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot Near Trader Joe's

    This corner lot offers a development opportunity with approximately 11,738 square feet of space. The property is located at 2536-42 Tulane Ave, directly across from the upcoming Trader Joe’s. The MU-2 zoning allows for construction of up to 7 stories or 85 feet in height. The property is fully cleared and encompasses three lots of record, featuring approximately 100 feet of frontage on Tulane Ave and approximately 120 feet of frontage on S. Dorgenois Street. It is suitable for a range of commercial uses, including retail, restaurants, multi-family, and offices. The property is in close proximity to the VA Hospital, LSU Medical Center, University Medical Center, and a number of local and national restaurants and retailers. It is also less than a mile from the Super Dome and the French Quarter.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0888288
    Latitude
    29.9607926

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    FAQs

    What type of property is this?
    Land - Development opportunity near Trader Joe's, VA Hospital, and LSU Medical Center.
    Where is this land located?
    The property is located at 2536-2542 Tulane Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Directly across from the new Trader Joe's, offering high visibility and customer traffic.; - Generous MU-2 zoning allows for diverse development options up to 7 stories or 85’ in height.; - ±11,738 SF corner lot with ±100 feet of frontage on Tulane Ave and ±120 feet of frontage on S. Dorgenois Street.
    (512) 799-3069
    Request Owner's contact information
    2536-2542 Tulane Ave New Orleans, LA 70119
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    New Orleans, LA 70119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2536-2542 Tulane Ave New Orleans, LA 70119
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